According to the Minister of infrastructure Vladislav Cricle, the signing of the Memorandum is an important stage of cooperation to begin construction of the ring road.
The state Agency of highways of Ukraine (“Ukravtodor”) signed a Memorandum of cooperation with the Chinese company Poly Changda Engineering Co. Ltd under implementation of the first phase of construction of Large ring road around Kiev – “connections between M-05 Kiev-Odessa and M-06 Kyiv-Chop”
As reported in the press service of the Ministry of infrastructure, to proceed with construction planned next year.
“Ukraine has no experience of the concession roads, so it is important to start such projects with large reliable strategic partners. I sincerely believe that our joint experience will be positive, we will be able to quickly complete all the necessary preparatory feasibility study and next year to begin construction”, – the press service quoted Cricle.
Earlier the Ministry of Infrastructure reported that the project estimates the first two phases of construction of large ring road around the city of Kiev (BCAD) are 90% complete, and by the end of this year to be completed.
The total length of the new ring road will be about 200 kilometers. The road will pass through the following villages: Vorzel, Glevaha, Ukrainka and Boryspil Stari Petrivtsi.
27 February 2018, the Verkhovna Rada adopted the Law “On amendments to some legislative acts of Ukraine in the sphere of construction and exploitation of motor roads” (registration number 6766) that are allowed to build and operate in Ukraine motor roads on terms of concession agreement.